* The London Stock Exchange do not publish buy/sell information. The buy/sell indicator is therefore based on the trade price in relation to the mid-market price at the time the trade is published.

All analysis on this trades page is intended only as a guide and its accuracy is not guaranteed. It should not be used for investment purposes.

It should be noted that all trade declarations made by the market do not include a buy or sell indicator and therefore we have to derive this information ourselves. The policy we have adopted is based on the mid price of the stock at the time of the declaration. For example, a trade declared at a price that is higher than the mid price at the time of declaration would be put in the buy column, a trade lower than the mid price would be put in the sell column. A trade which matches the mid price would be considered unknown. Please also note that the market can delay declaration of the trades for up to an hour in which case we will not make any assumptions and place that trade in the 'unknown' column. Please also note that many investors are able to buy and sell within the spread and also users of level 2 systems will actually be buying at the perceived sell price, these trades might therefore appear to be wrongly categorised.

Late Trade - when a trade is reported to the Stock Exchange some time after it has been executed it is known as a Late Trade.

LC

Late trade correction.

M

Market Maker to Market Maker. As the name suggests this is a transaction between two Market Makers who are registered in the security which is being traded.

N

Non Protected Portfolio. This is normally a transaction of a number of stocks dealt with by one market maker at an agreed discount to the market price.

NM

Not To Mark. In some cases the Exchange can grant permission for non publication. This is known as a Not to Mark.

NR

Non Risk (SEATS). As the name suggests this is a non risk transaction.

P

Protected Portfolio Transaction.

R

Risk less Principal transaction at a different price

RO

Result of Option. A transaction which resulted for the exercise of an option

RT

Risk Trade. (SEATS) A risk transaction.

ST

SEAQ Trade. This is used for the single uncrossing trade. Gives details of the total executed volume and uncrossing price as a result of a SEAQ auction.

SW

Stock Swap. Transaction comprised in a stock swap or stock switch

UT

Uncrossing Trade. This is used for the single uncrossing trade, detailing the total executed volume and uncrossing price as a result of a SETS auction.

X

Cross at the same price.

AT

An automated trade generated by the SETS system through the order book. (Level 2).

PA

a protected transaction at the time that protection is applied.

PC

Post Contra. When the contra trade is not on the trade date this is used to report it.

T

If reporting a protected transaction.

WN

Worked Principle Transaction. When a member firm enters into a worked principle agreement for a single security this is used to notify the Exchange.

TS

Test Security. Used when testing trade reporting.

WT

Worked Principle Trade.

CT

Contra Trade. Used to publish a contra trade in previously automatically executed trade through the order book.

AI

Automated input facility. Used when a member firm has disabled its automated input facility in response to a request from the Exchange.

PN

Worked principle Portfolio Notification.

VW

volume Weighted Average Price

RC

Regulatory Conformance.

BC

Bargain Condition.

Please be aware of the risks involved. The value of investments and any income from them, can fall as well as rise so you could get back less than you invest. Past performance is no guarantee of future performance. Tax treatment depends on your individual circunstances and may be subject to change. If in any doubt, please seek advice.